31/01/2025
19 January، 2025
Trump's digital currency continues its steady rise since its launch on Friday to occupy the 12th place in terms of market value of cryptocurrencies, with an increase of 236% in the last 24 hours and 1007% since its launch on trading platforms and more than 5000% since its announcement on Friday to trade at levels of $71 this morning, Sunday,...
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17 January، 2025
China's gross domestic product, the world's second-largest economy, grew by 5.4% in the fourth quarter of last year, according to data released Friday morning by the National Bureau of Statistics, compared to a growth of 4.6% in the third quarter and better than market expectations of 5.0%. This acceleration in growth, which was supported by recent stimulus measures in the...
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16 January، 2025
Data released moments ago by the US Census Bureau showed that US retail sales rose to $729.2 billion, up 0.4from November’s revised reading of 0.8% from 0.7% (expected 0.6%), while they rose 3.9% on a straight basis. Core sales, excluding auto prices, grew 0.4% in December, compared to a growth of about 0.2% in November and below expectations of 0.5%...
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15 January، 2025
Data released moments ago by the US Bureau of Labor Statistics showed that the Consumer Price Index (CPI), which measures inflation, rose by 0.4% in December after rising by about 0.3% in November, matching expectations, while the core index, which excludes food and energy prices, rose by 0.2% compared to 0.3% in November (expectations: 0.3). On the other hand, the...
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13 January، 2025
Crude prices recorded gains of more than 2% this morning, Monday, January 13, with the weekly opening, as prices continue to rise for the third consecutive session, with the continued impact of the United States targeting the Russian oil sector, and thus the direct impact on exports to India and China, as Brent crude traded above $81 for the first...
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19 December، 2024
The Bank of England decided to keep interest rates unchanged at its meeting moments ago, settling at 4.75%, as expected, by a majority vote of 6-3, with three members favoring a 25 basis point rate cut. The bank's interest rate report said the bank needed to ensure that inflation rates were heading towards the 2% target after figures showed inflation...
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18 December، 2024
The UK consumer price index (CPI), which measures inflation in the United Kingdom, rose to 2.6% year-on-year in November from 2.3% in October, in line with expectations, while the core CPI, which excludes food and energy prices, rose to 3.5% in November from 3.3%, missing expectations of 3.6%. On a monthly basis, the index rose by 0.1% in November, compared...
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17 December، 2024
Data released moments ago by the US Census Bureau showed that US retail sales rose better than market expectations, with sales rising by about 0.7% to $724.6 billion compared to a 0.5% increase in the revised October reading, while expectations indicated a 0.6% increase and a 3.8% increase on an annual basis. In detail, sales of auto and spare parts...
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16 December، 2024
Data released in the European period on Monday, the opening session of the week, showed variation in most of the services and manufacturing PMIs in the Eurozone and the UK in the preliminary reading for December, as the services index rose to its highest level in two months to 51.4 in December compared to 49.5 in November, while the manufacturing...
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13 December، 2024
The UK's gross domestic product (GDP) may have fallen by 0.1% in the month of October, the Office for National Statistics said on Tuesday, compared with expectations for a 0.1% growth, the second consecutive slowdown after a 0.1% decline in September. The 0.6% fall in output was the biggest drop in the growth component, driven by declines in manufacturing, mining...
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